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Displaying items by tag: Marine Economics

The 10th Annual Marine Economics Policy Research Symposium, recently held at the Marine Institute’s Oranmore headquarters, provided a forum for researchers, scientists, economists and policy makers to present and exchange views on a wide range of topics.

Organised by the Socio-Economic Marine Research Unit (SEMRU) of NUI Galway’s Whitaker Institute with the support of the Marine Institute, the event was a space to discuss issues from the public perceptions of the oceans and marine spatial planning to marine and coastal tourism.

The 10th annual symposium also showcased the international collaborations that have been established between SEMRU and partner institutes through a number of EU projects.

The Marine Institute’s new chief executive Dr Paul Connolly welcomed the researchers, noting that SEMRU “has played a vital role in establishing a sustainable method of valuing our oceans”.

He added that the unit has “also undertaken complex research initiatives across a broad spectrum of areas, such as fisheries, maritime transport tourism and natural capital accounting”.

“Today, economic evidence is available to show the value — market and non-market — of our ocean resources with Ireland's marine sector recognised by Government and the State as an important national asset,” he said.

SEMRU presented the latest economic figures to Government in June 2019 as part of the Our Ocean Wealth Summit.

The latest figures show that Ireland’s ocean economy had a turnover of €6.23 billion and provided employment for 34,132 people (full time equivalents). The total direct and indirect value of Ireland's ocean economy is estimated by SEMRU to be in excess of €4.2 billion GVA (Gross Valued Added), equivalent to 2% of GDP.

Ireland’s integrated marine plan, Harnessing Our Ocean Wealth, outlines the Government’s target to increase the turnover from our ocean economy to exceed €6.4 billion by 2020 and double its value to 2.4% of GDP by 2030.

The symposium welcomed speakers from the Marine Institute; NUI Galwa; Department of Housing, Planning and Local Government; Údarás na Gaeltachta; Galway-Mayo Institute Technology; Trinity College Dublin; Queen’s University Belfast; and ABPmer.

Top women’s surfer turned marine biologist Dr Easkey Britton was among the international list of speakers whose presentations are available to download from the SEMRU website HERE.

Published in Marine Science

Naval Visits focuses on forthcoming courtesy visits by foreign navies from our nearest neighbours, to navies from European Union and perhaps even those navies from far-flung distant shores.

In covering these Naval Visits, the range of nationality arising from these vessels can also be broad in terms of the variety of ships docking in our ports.

The list of naval ship types is long and they perform many tasks. These naval ships can include coastal patrol vessels, mine-sweepers, mine-hunters, frigates, destroyers, amphibious dock-landing vessels, helicopter-carriers, submarine support ships and the rarer sighting of submarines.

When Naval Visits are made, it is those that are open to the public to come on board, provide an excellent opportunity to demonstrate up close and personal, what these look like and what they can do and a chance to discuss with the crew.

It can make even more interesting for visitors when a flotilla arrives, particularly comprising an international fleet, adding to the sense of curiosity and adding a greater mix to the type of vessels boarded.

All of this makes Naval Visits a fascinating and intriguing insight into the role of navies from abroad, as they spend time in our ports, mostly for a weekend-long call, having completed exercises at sea.

These naval exercises can involve joint co-operation between other naval fleets off Ireland, in the approaches of the Atlantic, and way offshore of the coasts of western European countries.

In certain circumstances, Naval Visits involve vessels which are making repositioning voyages over long distances between continents, having completed a tour of duty in zones of conflict.

Joint naval fleet exercises bring an increased integration of navies within Europe and beyond. These exercises improve greater co-operation at EU level but also internationally, not just on a political front, but these exercises enable shared training skills in carrying out naval skills and also knowledge.

Naval Visits are also reciprocal, in that the Irish Naval Service, has over the decades, visited major gatherings overseas, while also carrying out specific operations on many fronts.

Ireland can, therefore, be represented through these ships that also act as floating ambassadorial platforms, supporting our national interests.

These interests are not exclusively political in terms of foreign policy, through humanitarian commitments, but are also to assist existing trade and tourism links and also develop further.

Equally important is our relationship with the Irish diaspora, and to share this sense of identity with the rest of the World.